Recent research reveals that investors are buying a fifth of Maine homes, many making cash offers to compete with local buyers. Cash-offer investors are competing with regular buyers for homes in desirable communities, like cities or towns along the coast.
Maine needs 84300 new homes of all kinds within the next seven years to meet current and future demands.
Legislature passes ‘historic’ bill to address housing shortage, homelessness. More than $100 million was allocated to address Maine’s housing shortage and the ongoing homelessness crisis under budget measures passed by the Legislature last week.
Nate Davis: “We’ve lost the war: the workers who power Rockland’s economy can no longer afford to live here, and the prospects for an immediate turnaround don’t look good.”
Recently, Rockland Main Street – a partnership of residents, business and organizational leaders and local government – polled its stakeholders about our region’s housing crisis. The survey asked them to
A few weeks ago, Maine State Economist Amanda Rector gave us the bad news about housing. Prices in Maine have skyrocketed, while the number of homes for sale has dropped
